Workflow
Analyst revises Netflix stock price target
NFLXNetflix(NFLX) Finbold·2024-11-20 23:29

Streaming trailblazer Netflix (NASDAQ: NFLX) has been on quite the upward trajectory for the past two and a half years. Netflix stock experienced a precipitous drop from $690 to just $174 from September 2021 to May 2022 — primarily on account of a challenging macro environment and falling subscriptions as consumers cut back on discretionary spending.The shift toward ad-supported tiers was also heralded as the beginning of the end — yet NFLX shares have more than recovered — at press time, they were trading ...